The cost of the hotel project near Galé Beach, featuring stunning sea views, is €12,500,000. This investment includes an approved project for a hotel with 39 accommodation units, currently under construction on a large plot of 101,520 m² in Vale da Parra, Guia. Designed to offer a premium experience, the hotel will feature a large swimming pool along with a children's pool and is expected to be completed by the end of 2026. Additionally, potential buyers can acquire the property in its current shell construction phase for €10,000,000. Given its proximity to services and the beach (only 4km away), this project is perfect for buyers looking to invest in the Algarve's hospitality market. Situated in a picturesque area, it not only offers scenic countryside views but also easy access to the nearby town of Guia and major tourist attractions. The inclusion of mains water, drainage systems, and solar panels enhances its appeal for modern, sustainable hotel operations. With anticipated rental potential, this is a sound investment for those looking to enter the lucrative Algarve market. Don’t miss out on this opportunity to own a piece of the Algarve! Contact us today for more details!
• Hotel, currently in Shell Construction Phase with 39 Accommodation Units
• Plot Size 101,520m²
• Construction Completion: Scheduled End 2026
• Mains Water, Drainage and Solar Panels
• 2 Boreholes
• Close to Town, Amenities and Beach
• Easy Access
• Distance to Beach 4km
The rural hotel, once completed, is located on an elevated position overlooking the countryside and also towards the sea.
The 4* hotel will consist of 39 Apartments. 20 Accommodation units on Level 1 and 19 accommodation units on level -1. (3 Units on level 1 and 3 units on level -1 will be prepared for people with reduced mobility).
There will be a restaurant/breakfast room and respective service pantry, public toilets, a lounge with bar service and a shop to sell products from the farm.
The hotel will have a total of 13 common outdoor parking spaces, 2 of them reserved to receive disabled guests, plus 12 private covered parking spaces in the garage on level -1, totally closed.
The property can be purchased in its current phase of development for 10,000,000€.
Land:
• Fully Fenced
• 2 Boreholes
• Mains water, drainage and solar panels
• Warehouse and Greenhouses
• 1 warehouse with 1 refectory
• 1 sanitary installation
• 1 cabinet and a refrigeration container
• Tank 30m x 10m
• Fruit trees and vegetable garden
Location
• Distance to Sea – 2.6km
• Distance to Beach – 4km
• Distance to Nearest Golf – 2.8km
• Distance to Faro Airport – 48.4km
• Distance to Nearest School – 1.6km
• Distance to Nearest Town – 3.8km (Guia)